that still means u don't have yr own idea about finding stocks. After 2 years of investing, u still depend on others and suppose if yr stock buddies stop giving u ideas, u wont be making money in stocks? Aint that a poor situation after reading that many books?

OBAMA · Apr 20, 2014 12:49 AM

that is you crying just to win an argument. You won't get it...as it is...so i read the right books and reach out to right people. what is wrong with that? why the fuck do you comment on my post otherwise? don't read my messages, may be? and do your own homework and be happy? we all need direction in life. Ever read Peter Lynch? He got stock tips from 7th grade student. What the fuck is wrong with getting the right tip?

beautifool · Apr 20, 2014 12:53 AM

I am not getting into f words but still I like to know yr point of view mr know it all Tell me how do u pick right industry and right stocks? How Macro works?

OBAMA · Apr 20, 2014 1:02 AM

you're a fool. because you're still not getting it. I read a lot of books. my intention is to figure out ..where the world is heading. so whenever someone gives me a tip about a stock and that matches my 'criteria' about my own understanding. I reject or I buy..So my friends tip me 100s of stocks but that does not mean I blind fully follow and buy each and every stock. I only buy those that make sense to me? If you still ask me dumb question..I won't respond. bring an intelligent question and I may offer to answer..but I'm getting pissed with you. Because you either is trying to win an argument or you're a fool. So, my homework is --I read a lot of books. Now..don't tell me that reading books is not enough..If you tell me so, go to heaven..I'm happy living in hell Last edited: 20-Apr-14 01:12 AM

beautifool · Apr 20, 2014 1:06 AM

Now, u told me how u pick stocks,I will be so glad to know if u tell me how MACRO works?

OBAMA · Apr 20, 2014 1:12 AM

How marco works? World is filled with crazy people..like you and I..That is how marco works. Marco or Macro..But the world is filled with greed and fear. That is how macro works.  Last edited: 20-Apr-14 01:17 AM

beautifool · Apr 20, 2014 1:15 AM

@Obama - There is no right or wrong. Let's keep finding good stocks. Whether through tips or through your own. The intention here is to not getting 'screwed' and decades of experience mean nothing in this business of being wrong or being right. If you say yes, then I'm going to smoke a joint for everyone's success as today is 4/20 -US version of shivaratri. Happy trading

beautifool · Apr 20, 2014 9:08 AM

https://www.youtube.com/watch?... This 30 minute interview is worth watching

beautifool · Apr 20, 2014 11:52 AM

@beautifool its funny to see u deleted almost everything u wrote last night. In sober state, it probably did not even make sense to u too. As another fellow nepali, I don't want to talk down to u. Reading books is good but it wont make u a great investor or trader. Ben grahams Intelligent Investor has been a must read in many schools and almost all the big money management firms. That alone proves reading is not the most important variable of investing success. Keep yr eyes and ears open and be humble. Consistent returns for long term is the only hallmark of success and I can bet u there is more to it than reading books and finding stocks @ joestocks.com Take it easy brother !!!!

OBAMA · Apr 20, 2014 1:03 PM

I am not a value investor as I used to claim. I guess we change from experience. Nothing wrong on that but change must be positive for you to find peace. And also do my own stock picking- not sure why I said only the other way last night. One of my favorite friend who has years of experience bought ERII on my recommendation. He bought 4k shares for 4.85 per share. It is a water technology company. And they have energy conservation products. The products can help conserve a lot of energy in places where you require a lot of energy as your operating cost. So, they may do well, I told him and he bought. But I myself did not because there is a "may do well" attachment. He recently made 4 times with peix so he had no fear to give it a try. I was fine with JVA and eagerly awaiting for the quatarly result of ERII - hope he does well. If the company generates substantial cash flow and revenue growth, this company will become a billion dollar company within 5 years...Because their product is useful. I guess let's continue to share ideas. Does not mean ideas will work out well. Just use it as opinion. Because getting in and getting out...that is the most difficult part and once you're in, you're locked until you're out..you never know what's in the box of chocolate kind of a deal..this is what i find. sometime you get chocolate as profit and sometime you get slap as loss. lol. but i have seen disagreements among other people too. anyway, change of topic..le bron james made an awesome investment buying some shares of liverpool football club few years ago. he must have bought those shares for very cheap because it was during the middle of recession and now liverpool is back. warren buffett was le bron jamen's financial advisor. old man knows a lot of ways to make money for his clients- mainly himself. Last edited: 20-Apr-14 08:00 PM Last edited: 20-Apr-14 08:44 PM

beautifool · Apr 20, 2014 7:53 PM